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Dec 4, 2012
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he remains optimistic that once republicans accept that there is no deal without an acknowledgment and acceptance that rates have to go up on he remains optimistic that once high end earners, we can find compromise here. that any to preview for resolve and takes a very important step toward thed
he remains optimistic that once republicans accept that there is no deal without an acknowledgment and acceptance that rates have to go up on he remains optimistic that once high end earners, we can find compromise here. that any to preview for resolve and takes a very important step toward thed
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Dec 4, 2012
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all the republicans have done for the last four years is say no, no, no to any kind of -- and obama has tried to push through bills to cut taxes for job creators, fo. host: for small businesses? caller: yes, for small businesses. host: here is reaction from senator lindsey gramm. he says this -- a republican from new jersey, go ahead. caller: i am calling in reference to this fiscal cliff. at this point, all the seniors are already in trouble. they are not going to get but a little increase. congress will automatically get a raise. theys hould stop that. they don't need the money anymore. they have plenty. obama is going to have his way, and that's it. host: can you hang on the line? let me get your reaction from larry duncan on twitter who says -- what do you think, margaret? caller: i think that is correct. there are a lot of loopholes but they do not want to do this. they are happy because they are getting this extra money. if obama gets -- i don't have a charge card. i am paying off all my debt. we should pay off all large debt. how much are we paying for this debt that we go? that
all the republicans have done for the last four years is say no, no, no to any kind of -- and obama has tried to push through bills to cut taxes for job creators, fo. host: for small businesses? caller: yes, for small businesses. host: here is reaction from senator lindsey gramm. he says this -- a republican from new jersey, go ahead. caller: i am calling in reference to this fiscal cliff. at this point, all the seniors are already in trouble. they are not going to get but a little increase....
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Dec 4, 2012
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for american progress has put forward, but how would you bridge the divide between where boehner and obama is, on the specific issue of revenue and overhauling the tax code? >> taken. my job is to tell my clients what is going to happen, not what i would like to happen. i would like to take a close look at what is being proposed. with regard to taxes and deductions, what i am struck by is how rapidly the debate is moving away from bull's best said. polls-simpson said brown the base, lower the rates. we now have the president's proposing raising the rates and opposing a base-broadening measure. republicans want to keep the rate same and run the base, but that is different. bowles-simpson had it right. i look at the logic of the white house with regard to the idea of capping a itemized deductions. i would like to take a look at it from a cost-benefit point of view. we're looking at tax expenditures, and we should benefits inst of doing it. they're against it for two reasons, the first one was effected some taxpayers making less than 2 hen $50,000, which is true. this would be a $50,000 cap,
for american progress has put forward, but how would you bridge the divide between where boehner and obama is, on the specific issue of revenue and overhauling the tax code? >> taken. my job is to tell my clients what is going to happen, not what i would like to happen. i would like to take a close look at what is being proposed. with regard to taxes and deductions, what i am struck by is how rapidly the debate is moving away from bull's best said. polls-simpson said brown the base, lower...
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Dec 4, 2012
12/12
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CURRENT
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on the other hand, particularly since the republicans outraised obama 5-1 on wall street which is a real reverse since 2008. the markets are so upset with the minimal oversight that the administration has put on them that they've swung to the g.o.p. camp this time, and they're not going to buckle on that. >> eliot: brian, let me come back to a political-type question. defense cuts, another area where the democrats are saying we have the opportunity sequestration imposes more significant cuts in the military. many think that's a good thing to do. barney frank every chance you give him he'll talk loudly why it's the correct thing to do. is there a chance that the republicans will give him that one? >> it depends on what happens between now and the first of the year. if you go over the cliff and all the tax cuts expire and sequestration takes affect, that gives the president the ability to reorganize the defense budget in a way that tracks what he wants to do with the military spending, which is to slow the growth or even to freeze the growth in real terms. if they cut a deal beforehand and
on the other hand, particularly since the republicans outraised obama 5-1 on wall street which is a real reverse since 2008. the markets are so upset with the minimal oversight that the administration has put on them that they've swung to the g.o.p. camp this time, and they're not going to buckle on that. >> eliot: brian, let me come back to a political-type question. defense cuts, another area where the democrats are saying we have the opportunity sequestration imposes more significant...
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Dec 4, 2012
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did and refusing to reset terms. >> the republicans in congress in 2011 demanded, said they would let american default if they did not get the items on their agenda. that was consequential and unprecedented, and the result was bad for everyone. >> okay. anyway, moving on, two weeks ago, the committee for responsible budget, a bipartisan group, that includes a lot of democrats that the president consults with including tyson and rivlin and others, they put out a paper on raising revenues from high earners. they say that thrtion a middle ground in which democrats raise revenues, republicans avoid rate increases, the same amount of revenue, but you don't agree with the numbers? >> independent economists assess, that add up the numbers on paper, but wiping out the charitable deduction, it's not plausible. talk about cutting into the mortgage deduction in a way that taxes, middle class americans, that violates the principle that the president has -- in order to preserve low taxes, low tax rates for wealthy americans, to ask the middle class to pay the price, is not going to happen. it's ju
did and refusing to reset terms. >> the republicans in congress in 2011 demanded, said they would let american default if they did not get the items on their agenda. that was consequential and unprecedented, and the result was bad for everyone. >> okay. anyway, moving on, two weeks ago, the committee for responsible budget, a bipartisan group, that includes a lot of democrats that the president consults with including tyson and rivlin and others, they put out a paper on raising...
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Dec 4, 2012
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obama for his signature? did they move to protect 98% of middle-class families from this tax hike in january? no. no. they decided to hold the middle-class tax cuts passed by the senate hostage in an attempt to push for tax cuts for the folks they care the most about, the top 2% of highest earning households. republicans fighting for millionaires and billionaires is not a new story. in 2001, president george w. bush decided to spend a large portion of the surpluses he inherited from president clinton to cut tax rates. many democrats opposed him then because the tax cuts were unfair, favoring the highest-income americans. to overcome that obstacle, the republicans resorted to a parliamentary technique, budget reconciliation, a maneuver that allowed for passage of their tax cuts but forced them to expire after 2010, at the end of the ten-year budget window. so we scroll forward to 2010. as 2010 ended, president obama and many democrats in congress, including myself, wanted to extend the tax cuts for middle-clas
obama for his signature? did they move to protect 98% of middle-class families from this tax hike in january? no. no. they decided to hold the middle-class tax cuts passed by the senate hostage in an attempt to push for tax cuts for the folks they care the most about, the top 2% of highest earning households. republicans fighting for millionaires and billionaires is not a new story. in 2001, president george w. bush decided to spend a large portion of the surpluses he inherited from president...
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Dec 4, 2012
12/12
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CURRENT
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the republicans in general is mitt -- president obama has a much much better understanding of the strategy we have in afghanistan, the strategy that we have in iraq he has a much better understanding of that strategy than mitt romney. i'll be honest with you stephanie. i did the same type of mission that allen west did. i have done that mission. >> stephanie: right >> caller: and i have had a lot of training in counter insurgency, and the way president obama has understood that concept is much better -- is much more in line -- >> stephanie: mitt romney i think just ended up trying to run against anything obama was for he was just against or it was bad. and i think you are right. it's hard to fault the president on foreign policy. we did what he ran on. >> caller: right. and the thing with iraq -- the strategy we had in iraq was basically -- people got mad because he didn't leave immediately and people got mad because he didn't stay there long enough. the strategy followed the doctrine of counter insurgency which is you stabilize the government -- you can't just leave. you have to build up
the republicans in general is mitt -- president obama has a much much better understanding of the strategy we have in afghanistan, the strategy that we have in iraq he has a much better understanding of that strategy than mitt romney. i'll be honest with you stephanie. i did the same type of mission that allen west did. i have done that mission. >> stephanie: right >> caller: and i have had a lot of training in counter insurgency, and the way president obama has understood that...
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Dec 4, 2012
12/12
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republicans have responded to a fiscal cliff counter offer to president obama. eamon javers joins us now from washington with all the details. good evening. >> reporter: good evening. leapt me walk you through the specifics or at least what specifics we have so far from this boehner counter offer and you can see where it falls short from the white house's perspective right in the top line take a look at the details here. boehner and the other house republicans are asking for $800 billion in new tax reform revenue. that's short of the $1.6 trillion that the president would like to see there. also health savings of $600 billion. mandatory savings of $300 billion. revisions of cpa of 200 billion. other discretionary saving 300 billion. they say net savings is $2.2 trillion all told. the white house says this plan is not balanced, and interestingly there's a little side skirmish here between the speaker of the house john boehner and erskine bowls. boehner said this was based on a report that bowles laid out. bawls said no. he said the approach laid out does not repr
republicans have responded to a fiscal cliff counter offer to president obama. eamon javers joins us now from washington with all the details. good evening. >> reporter: good evening. leapt me walk you through the specifics or at least what specifics we have so far from this boehner counter offer and you can see where it falls short from the white house's perspective right in the top line take a look at the details here. boehner and the other house republicans are asking for $800 billion...
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Dec 4, 2012
12/12
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that's how president obama is describing republican plans for avoiding the fiscal cliff. can these two work together? we'll ask congresswoman debb ebr debber -- debbie wasserman schultz. anne's tablet called my phone. anne's tablet was chatting with a tablet in sydney... a desktop in zurich... and a telepresence room in brazil. the secure cloud helped us get some numbers from my assistant's pc in new york. and before i reached the top, the board meeting became a congrats we sold the company party. wait til my wife's phone hears about this. [ cellphone vibrating ] [ female announcer ] with cisco at the center, working together has never worked so well. share "not even close." share "you owe me..." share "just right." the share everything plan. shareable data across 10 devices with unlimited talk and text. get a droid incredible 4g lte by htc for $49.99. he's going to apply testosterone to his underarm. axiron, the only underarm treatment for low t, can restore testosterone levels back to normal in most men. axiron is not for use in women or anyone younger than 18. axiron c
that's how president obama is describing republican plans for avoiding the fiscal cliff. can these two work together? we'll ask congresswoman debb ebr debber -- debbie wasserman schultz. anne's tablet called my phone. anne's tablet was chatting with a tablet in sydney... a desktop in zurich... and a telepresence room in brazil. the secure cloud helped us get some numbers from my assistant's pc in new york. and before i reached the top, the board meeting became a congrats we sold the company...
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Dec 4, 2012
12/12
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FOXNEWSW
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republican party, i talk about it in my book, divider and chief constantly portraying them as hostage takers the eve enemy. even if we abandon all of our principles and go along with the mainstream media and what they want it will not be enough and obama will continue to vilify them. the republicans need to focus on grass root strategy, identifying hispanics and members of other demographic groups that could be swing voters. identify them and thet their targeted message out there too them so we can have a genuine debate on the issues, instead of villa my those who disagree with the president. let's have a discussion as simon said the economic benefits, how we can do this in a way that will benefit all americans, instead of just saying, oh, heck, we lost the election we'll just abandon all of our principles. jon: simon i like what you had to say and i think the whole country is looking for bay bipartisan solutions to some of these thorny questions that are out there. from a republican standpoint, and knowing you're a democrat, from a republican standpoint what is the motivation to help
republican party, i talk about it in my book, divider and chief constantly portraying them as hostage takers the eve enemy. even if we abandon all of our principles and go along with the mainstream media and what they want it will not be enough and obama will continue to vilify them. the republicans need to focus on grass root strategy, identifying hispanics and members of other demographic groups that could be swing voters. identify them and thet their targeted message out there too them so we...